government has invested in, that Madrid’s local government has invested in, and
we’ll grow there,” the BA chief executive told the Financial Times in a video
parts of Europe. BA will be able to access that growth because our assets are
mobile and we can focus on developing Madrid rather than . . . London.”
Heathrow, Gatwick and Stansted, causing frustration in the aviation industry.
to grow from 117m passengers in 2000 to 300m in 2030 (256% growth) – can be catered
for by regional airports and high-speed rail links. [The CCC said the UK could have 60% more air passengers by 2050 than in 2005].
Heathrow is the only true international hub airport in Britain.
he said: “No, I’m not. My sole worry is about long-term viability.
corporates . . . from our regular customers.”
to the airline to notify it that it plans to ballot for another strike.
threat, however, as it is clear why BA is LHR’s biggest customer (and big at
Gatwick, and London City) is because of a proximity to London. No matter how
nice Madrid airport is, it is not near London. Are they really suggesting that
all the extra anticipated traffic BA was wanting will use Madrid instead? How
does it get there from London?
Of course they could get new traffic from Spain ie a new network of long-haul
routes from Madrid, but this would be mostly orthogonal to their existing traffic
and the source for expansion they previously anticipated. Of course Ryanair and
easyJet have both moved into southern Europe when growth in the UK stalled, and
BA could get a slice of that. But there is no way they are going to get 50m plus
new passengers there. ,
And even if they did – so what? It is at most losing us the transfer traffic,
and good riddance to it. BA would still get the revenue and unless it moves its
tax base, the Treasury would benefit too.
or anywhere else, it is likely to be unsustainable because of oil prices and actions
to protect the environment. From an economic point of view it would be better
for that expansion and contraction to take place elsewhere but best of all, not
at all. You have to ask why if Walsh thinks Madrid is so fantastic he’s banging
on about Heathrow so much. It’s not as if he is concerned with anything other
than financial advantage for BA – whatever the cost to the environment.